In a capital intensive but mature industry such as steel, Financial Management

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In a capital intensive but mature industry such as steel

In a capital intensive but mature industry such as steel growing about 5% per year on average but facing cyclical demand what would be the appropriate financing mix to replace a blast furnace costing $300 million? Where would a steel firm seek financing?

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Financial Management: In a capital intensive but mature industry such as steel

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Financial Management: In a capital intensive but mature industry such as steel

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